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Global Nondairy Cheese Market Is Poised To Reach USD 3.52 Billion In 2023, To Grow At A CAGR Of 7.70%

08-09-2017 05:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Global Nondairy Cheese Market Is Poised To Reach USD 3.52 Billion

Non-dairy cheese are cheese made from plant based milk or lactose & casein free milk. Food safety organizations in different regions has specified certain guidelines related to processing, ingredient content, food safety, packaging and storage which plays key role in Non-dairy cheese market. Innovation in product development and improving texture & flavour of Non-dairy cheese is likely to boast the market growth during forecast period.

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Introduction of new innovative products with inclusion of healthy ingredients are supporting the growth of this market. Global Non-dairy cheese market is mainly driven by urbanization, changing consumption pattern and rising demand for convenience food. Rise in disposable income and consumer preferences for ‘on-the-go’ foods is driving the sales of functional, low fat and low calories non-dairy cheese. Moreover vegan diet trend due to various health issue & ethical factors will play a key role to grow Non-dairy cheese market at CAGR of 6.5% during forecast period.
Downstream market analysis-
Non-dairy cheese market is hugely influenced by food safety organizations which strictly monitors ingredient labelling, manufacturing process and packaging of non-dairy cheese which is changing the dynamics of the market. Non-dairy cheese products such as Cheddar dominates the market, but however due to rising demand for fast food, mozzarella is projected to grow at a highest CAGR. The demand for products made from coconut milk & rice milk are projected to be key driving force during the review period. Moreover, non-dairy cheese are mainly bought from supermarket and convenience store however busy lifestyle of people is supporting the sales of these products through online store which will change the future of overall retail network of non-dairy cheese .

Competitive analysis-
The major key players in Non-dairy cheese market are
• Daiya Foods Inc. (Canada)
• Galaxy Nutritional Foods, Inc. (U.S.)
• General Mills, Inc. (U.S.)
• Follow Your Heart (U.S.)
• Tofutti Brands Inc. (U.S.)
• Violifefoods (Greece)
• Bute Island Foods Ltd (U.K.)
The demand for non-dairy cheese has pushed manufacturers to enhance the texture & flavor of non-dairy cheese and to develop new product line which are better in taste and offers various health benefits.
Regional Analysis
The global non-dairy cheese market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among this Europe region has major market share followed by Asia Pacific and North America. Increasing number of consumers suffering from lactose intolerant and rising disposable income in Asia Pacific region is driving the demand for non-dairy cheese in that particular region. Rising number of health cognizant and the growing demand for vegan on-the-go products especially in China and India will be the crucial factor underlining the market growth.

Browse complete report at https://www.marketresearchfuture.com/reports/non-dairy-cheese-market-3114 .

The report for Non-dairy Cheese Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions

The Non-dairy cheese market is segmented under the following regions mentioned below:
North America
• US
• Canada
• Europe
Europe
• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe
Asia-Pacific
• China
• India
• Australia
• Singapore
• Rest of Asia Pacific
Rest of the world
• Brazil
• Argentina
• Saudi Arabia
• South Africa
• Others

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Table of Content

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope of the study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3 Research methodology

3.1 Research process

3.2 Secondary research

3.3 Primary research

3.4 Forecast model

3.5 Market Size estimation

4 MARKET DYNAMICS

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

5 MARKET TRENDS

5.1 Trends in Supply/Production

5.2 Trends in Demand/Consumption

5.3 Emerging Markets (Supply & Demand)

5.4 Emerging Brands

5.5 Trade (Import-export) Analysis

5.6 Innovations in Products/Process

5.7 Macroeconomic indicators Analysis for top 5 Producing countries



6 MARKET FACTOR ANALYSIS

6.1 Introduction

6.2 Value chain analysis

6.3 Porter’s five forces

6.4 Supply Chain Analysis
7 Market, By Type

7.1 Introduction

7.2 Market size (sub segments)

7.2.1 Parmesan

7.2.2 Cream Cheese

7.2.3 Mozzarella

7.2.4 Cheddar and

7.2.5 Others
8 Market, By Ingredient

8.1 Introduction

8.2 Market size(sub segments)

8.2.1 Soy Milk

8.2.2 Rice Milk

8.2.3 Almond Milk

8.2.4 Coconut Milk and

8.2.5 Others
9 Market, By Application

9.1 Introduction

9.2 Market size(sub segments)

9.2.1 Bakery and Confectionery

9.2.2 Dips and Sauces

9.2.3 Fast Food Snacks and

9.2.4 Others



10. MARKET -By Distribution Channel

10.1 Introduction

10.2 Market size(sub segments)

10.2.1 Store-based

10.2.2 Non Store-based
11. MARKET -By Region

11.1 Introduction

11.2 North America

11.2.1 U.S.

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Introduction

11.3.1 Germany

11.3.2 France

11.3.3 Italy

11.3.4 U.K

11.3.5 Rest of Europe

11.4 Asia– Pacific

11.4.1 China

11.4.2 India

11.4.3 Japan

11.4.4 Rest of Asia-Pacific

11.5 RoW

11.5.1 Brazil

11.5.2 Argentina

11.5.3 Egypt

11.5.4 South Africa

11.5.6 Others
12. Competitive landscape

12.1 Introduction

12.2 Product Launch/Development

12.3 Partnerships and collaborations

12.4 Acquisitions

12.5 Business Expansion



13. COMPANY PROFILE

13.1 Daiya Foods Inc. (Canada)

13.2 Galaxy Nutritional Foods, Inc. (U.S.)

13.3 General Mills, Inc. (U.S.)

13.4 Follow Your Heart (U.S.)

13.5 Tofutti Brands Inc. (U.S.)

13.6 Violifefoods (Greece)

13.7 Bute Island Foods Ltd (U.K.)

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Akash Anand
P: +1 646 845 9312
W: www.marketresearchfuture.com

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